Riding on the success of Chiu Teng Group’s premium commercial and industrial developments in Singapore, the renowned developer is proud to present their latest freehold project – CT Pemimpin. This new development is sure to excite property investors and business owners alike, with its promising location in the highly sought-after Central Region.Located at 43 Jalan Pemimpin, CT Pemimpin is a nine-storey, partial ramp-up B1 industrial building featuring 56 strata-titled units and three canteen units. Selected units on levels one and five come with mezzanine floors and impressive floor heights ranging from 5.6m to 7.35m. The modern drop-off point at CT Pemimpin, as shown in the artist’s impression, is set to impress its visitors.Rare freehold status stands outCT Pemimpin’s freehold status is a standout feature in the current market, where industrial developments are mostly limited to 30-year or 60-year leases. Additionally, commercial and industrial property buyers are exempted from the Additional Buyer’s Stamp Duty (ABSD) by the government, making these developments even more attractive to both investors and foreigners who are eligible to purchase.”With its central location and freehold status, CT Pemimpin is a sound investment choice for both investors and end-users,” says Kelvin Fong, Deputy CEO of PropNex Realty.The development boasts an exceptional one-to-one carpark ratio, with 59 carpark lots including two electrical vehicle lots, three lorry lots for vehicles under 7.5m, two handicapped lots, and 34 bicycle lots. Along with two passenger lifts and a service lift, each unit comes with private toilets for added convenience.SRI managing partner, Ken Low, says, “One of CT Pemimpin’s most attractive features is the allocated carpark lot for each of its 59 units, providing ultimate convenience for business owners. This allows for smooth accessibility and time-saving.”He adds, “The partial ramp-up design also enhances accessibility for day-to-day operations, improving logistics efficiency. With its superior central location and convenient features, CT Pemimpin is the perfect choice for businesses looking for convenience, functionality, and ease of access.”Central location enhances appealSituated in District 20, a popular location for buyers and tenants, CT Pemimpin offers a wide range of amenities from well-established townships like Bishan, Upper Thomson, and Ang Mo Kio. Its strategic location makes for easy accessibility to all parts of Singapore via various transport modes. Three MRT lines serve the industrial estate, providing excellent convenience for those who commute.”Owning a freehold property in Singapore’s central region isn’t just a smart investment – it’s a strategic business asset. Located in one of the city’s most dynamic and prestigious areas, it offers an impressive corporate address, unmatched connectivity, and enduring potential for growth,” says Doris Ong, Deputy CEO of ERA.CT Pemimpin is within a five-minute walk from Marymount MRT station (Circle MRT Line) and a five-minute drive from Upper Thomson MRT station (Thomson-East Coast Line) and Bishan MRT station (North-South MRT Line). It is accessible for motorists via major expressways such as PIE and CTE and only an eight-minute drive from Novena and a 15-minute drive from Orchard Road. Its connectivity will be further enhanced with the upcoming North-South Corridor expressway, which includes dedicated bus and cycling lanes and is expected to reduce travel time from the north into the city when it is completed in phases starting from 2027.A wide selection of retail and dining options can be found at popular suburban shopping hubs, including Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, and Toa Payoh HDB Hub, all just a short drive away. Numerous reputable schools, such as Raffles Institution, Catholic High School, and Eunoia Junior College, are close by.Green features for a sustainable futureCT Pemimpin will be designed with thoughtful ‘end-of-trip’ facilities, such as shower rooms, bicycle racks, and storage lockers. Other green features include two rooftop pavilions and a sky garden ideal for gatherings, rooftop solar panels, EV charging stations, and a recycling corner. Notable sustainable features include water-saving fittings, motion-sensor lightings, and double-glazed windows for selected units.Mark Yip, CEO of Huttons Asia, states, “The many sustainable features, including water-saving fittings, double-glazed windows for selected units, and a myriad of other green features, make CT Pemimpin a great choice for many end-users in various industries from e-commerce to media houses, telecommunications, software development, and more.”Set up in 1999, Chiu Teng Group has built a reputable name for itself as a reliable property developer and builder, particularly in the industrial and commercial sectors. Its impressive development portfolio includes projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.The preview of CT Pemimpin will run until March 5, 2025. To secure your rare freehold industrial space, call 8100 8017 or visit Chiu Teng Group to arrange a viewing today.
Overall, purchasing a condominium in Singapore provides numerous benefits. These include strong demand, the potential for increased value, and attractive rental yields. However, it is crucial to carefully consider several factors like location, financing options, government regulations, and market conditions before making a decision. Through thorough research and seeking professional advice, investors can make informed choices and maximize their returns in Singapore’s ever-evolving real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer seeking a stable and lucrative investment, condos in Singapore offer a compelling opportunity. Additionally, keeping track of New Condo Launches can help further enhance your investment decisions.